SMU Community Spotlight
January 12, 2023
SMU Community Chat: Phil Bell Talks Growing Domestic Capacity
Written by Becca Moczygemba
As new capacity continues to come online, there’s a question of what that means for existing capacity. Will the market be flooded with too much supply and not enough demand?
North American flat-rolled capacity has been growing and is expected to continue to into 2025. But Philip K. Bell, president of the Steel Manufacturer’s Association (SMA), says the capacity calculation is not so black and white. “Don’t look at new steel capacity as an addition problem, where the resulting capacity is taking existing capacity and adding to it,” Bell said.
